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Mr. Coursey said only on an informal basis. He felt the Chambers would be filled with <br />people opposed to changing the assessment fee. The Advisory Board only heard from a few <br />businesses and those were the ones that were affected by raising the maximum fee. <br /> <br /> Ms. Mohr felt that if more revenue were generated, that should be applied to more <br />events. It doesn't seem $25 a year would have much impact on a business and did not think it <br />wise to reduce the fee from $50 to $25. She referred to one event that was a negative with <br />regard to revenue. If more revenue were raised, could that event still be carried? <br /> <br /> Mr. Coursey said four events are revenue producing and the remainder are not. The <br />Victorian Evening was not revenue producing, because it was expensive. The Committee is <br />working harder to make it a bigger and better event because it is produces a great deal of good <br />will. They hope to get ideas to make it more revenue producing. <br /> <br /> Ms. Acosta indicated excess revenue is not usual for downtown associations. They <br />struggle to have enough money for the events they want to produce. It is a balance to meet the <br />needs of the membership, to sponsor events, and still be able to support the one staff member <br />in their budget. She did not want Council to count on seeing excess revenues. <br /> <br /> Mr. Coursey indicated the number of business that have joined the Downtown Business <br />Association over the last year has been significant. There were 325-350 business and now there <br />are over 400. As long as more businesses are coming to downtown, it will help with the <br />revenue. <br /> <br /> There being no further testimony, the public hearing was closed. <br /> <br /> Ms. Michelotti asked the Downtown Association to keep the Music in the Park even <br />during other events. <br /> <br /> It was moved by Ms. Michelotti, seconded by Ms. Mohr, to accept the report and <br />budget, to adopt Resolution No. 96-91, indicating the intent to levy an assessment and <br />setting a public hearing for September 3, 1996; and to introduce Ordinance No. 1689, to <br />be read by title only and waiving further reading thereof, amending the manner in which <br />assessments are levied. <br /> <br /> Mr. Tarver felt it was great any time a District can reduce fees for its members. He felt <br />those with reduced fees would be very appreciative and he appreciated the increased efforts at <br />fund raising. <br /> <br />08/13/96 <br /> -5- <br /> <br /> <br />